GLOBAL X ENHANCED MSCI EAFE COVERED CALL ETFGLOBAL X ENHANCED MSCI EAFE COVERED CALL ETFGLOBAL X ENHANCED MSCI EAFE COVERED CALL ETF

GLOBAL X ENHANCED MSCI EAFE COVERED CALL ETF

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Key stats


Assets under management (AUM)
‪2.31 M‬CAD
Fund flows (1Y)
‪473.54 K‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.7%
Shares outstanding
‪125.00 K‬
Expense ratio

About GLOBAL X ENHANCED MSCI EAFE COVERED CALL ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
May 28, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
MSCI EAFE
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
The fund aims to provide leveraged and covered call exposure to the MSCI EAFE Index, which comprises equity securities from developed markets outside North America. To obtain exposure, the fund may either directly hold constituent securities of the index or invest in shares of related ETFs. The fund employs approximately 125% leverage through cash borrowing. The fund also uses a dynamic covered call strategy, typically writing exchange-traded or over-the-counter index calls on approximately 50% of the portfolio value. Although it provides hedging protection and generates premiums, the use of a covered call strategy may cap the fund's potential gains. Additionally, the fund may hold cash equivalents or money market instruments to meet its obligations.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Buy-write
Geography
Developed Markets Ex-North America
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF125.59%
Cash0.44%
Miscellaneous−26.03%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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